100 Lorraine Terrace, Mount Vernon, NY 10552

Unlock the potential of this prime 24,178 square foot lot, offering a rare opportunity to create something truly special in a highly sought-after location. Zoned R1-7, which currently permits single-family development with a 7,000 square foot minimum lot size, this site provides a solid foundation for residential projects. Given its proximity to Lorraine Terrace, a neighborhood of apartment buildings, there may also be an opportunity to seek a zoning variance for a larger-scale residential development. Conveniently positioned with easy access to major highways, public transportation, schools, and local amenities, this site is perfectly situated for growth and development. To the north, the Oakwood Gardens complex of nine 5-story apartment buildings offers a potential neighbor for a larger residential project. The east side of Lorraine Avenue features three apartment buildings totaling 26 units, further enhancing the area’s appeal. Whether you're an investor, developer, or … read more …